Mortgage Companies Standardize on DocuSign as Their Trusted Solution for Electronic Signature

DocuSign eSignature Solution Helps Mortgage Companies Close Deals Faster, Reduce Costs, and Enhance Client Satisfaction

SAN FRANCISCO – December 8, 2011 – DocuSign, the global standard for electronic signature, announced today that the nation's leading mortgage companies have standardized on DocuSign for electronic signature to close more home loans faster, reduce costs, and enhance client satisfaction. With DocuSign already the eSignature standard in real estate for home purchase and sale agreements, the ease, speed, and security of DocuSign has quickly grown to include the financing of home sales.

“The process of finalizing mortgage paperwork is often considered the most cumbersome for consumers—but as our mortgage customers and their clients know, it doesn’t have to be a painful experience,” said Keith Krach, chairman and CEO of DocuSign. “At DocuSign, we’re leading the way for streamlined home purchases from offer to close to create a better experience for everyone.”

Leading mortgage companies such as Mortgage Lenders of America, Rate One, Service First Mortgage, Summit Mortgage Corporation, and many others have selected DocuSign’s electronic signature solution because it helps:

• Accelerate speed to revenue - With document cycle times cut from weeks to minutes, close rates increased by 80% or more, and ‘Not In Good Order’ documents eliminated, DocuSign helps mortgage companies close business faster to earn revenue sooner.
• Lower cost - DocuSign saves mortgage companies time and money by reducing printing, faxing, overnighting, and the rekeying of customer data.
• Enhance client satisfaction - DocuSign increases client satisfaction with anytime, anywhere signing, taking clients step by step through the signature process in an easy, fast, and convenient manner – anytime, anywhere, on any device.

“At Mortgage Lenders of America, we are using DocuSign to offer a better client experience with an easy, fast, and secure way to complete home financing,” said Philip Kneibert, president of Mortgage Lenders of America. “We see accelerated revenue because documents are returned on average in less than ten hours, and the cost savings are significant, as well.”

“DocuSign provides huge benefits to us at Summit Mortgage Corporation,” said Rami Ballweber, Compliance Processor at Summit Mortgage Corporation. “Our customers find it’s fast and easy to sign documents with DocuSign, and we’re able to save time and money that we used to spend on paper, printing, and overnight shipping.”

Mortgage companies interested in learning more about DocuSign’s electronic signature solution can visit www.docusign.com.

Additional Quotes:

 DocuSign – Keith Krach, Chairman & CEO

“The process of finalizing mortgage paperwork is often considered the most cumbersome for consumers—but as our mortgage customers and their clients know, it doesn’t have to be a painful experience. At DocuSign, we’re leading the way for streamlined home purchases from offer to close to create a better experience for everyone.”

Mortgage Lenders of America – Philip Kneibert, President

“At Mortgage Lenders of America, we are using DocuSign to offer a better client experience with an easy, fast, and secure way to complete home financing. We see accelerated revenue because documents are returned on average in less than ten hours, and the cost savings are significant, as well.”

Rate One – Laura Harris, Licensing and Compliance Manager

“At Rate One, we chose DocuSign based on the recommendation of a client. Because DocuSign provides visibility and control throughout the signing process, while delivering a fast turnaround time for time-sensitive disclosures, we are very happy with DocuSign.”

Summit Mortgage Corporation – Rami Ballweber, Processor/Compliance

“DocuSign provides huge benefits to us at Summit Mortgage Corporation. Our customers find it’s fast and easy to sign documents with DocuSign, and we’re able to save time and money that we used to spend on paper, printing, and overnight shipping.”

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About DocuSign Inc.

DocuSign® is the global standard for eSignature. DocuSign helps customers decrease transaction times, reduce costs, and enhance customer satisfaction with the easiest, fastest, most secure global network for sending, signing, tracking, and storing documents in the cloud. For more information, visit www.docusign.com or call 1-800-098-8113. Visit the DocuSign blog at www.docusign.com/blog and follow DocuSign on Twitter, LinkedIn and Facebook.